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The city’s affordability crisis will only get worse with the Bank of Canada holding the line on interest rates, which some economists say won’t decrease until next year.
The city’s affordability crisis will only get worse with the Bank of Canada holding the line on interest rates, which some economists say won’t decrease until next year.
The standard 25-year amortization period is fading as lenders deal with stressed homeowners, putting banks at ‘greater risk of loss,’ says banking regulator.
The standard 25-year amortization period is fading as lenders deal with stressed homeowners, putting banks at ‘greater risk of loss,’ says banking regulator.
The standard 25-year amortization period is fading as lenders deal with stressed homeowners, putting banks at ‘greater risk of loss,’ says banking regulator.